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MURMANSK, September 1. /TASS/. A plant for production of air components, where investments made 1.6 billion rubles ($27,829,543), was put operational at the Kola Metal and Mining Company (affiliate of Norilsk-Nickel), press service of the Norilsk-Nickel Company said on Friday.
"At the Kola plant, we have put operational a modern air separation unit, which uses compressor equipment of the Linde AG German company," the press service said. "This is Nornickel’s most important investment project, worth 1.6 billion rubles, which will allow the Kola plant reduce significantly the operating costs in air separation products, which are used in the technology of non-ferrous metals."
The new plant’s biggest advantage is the low consumption of electricity and water resources, thus the company forecasts a possible economic effect of about 100 million rubles ($1,739,142) a year.
The Unit is designed for generation and supply of production facilities of the company with the following utility products: gas oxygen, liquid oxygen, gas nitrogen, and liquid nitrogen. These air separation products are used at different stages of Kola MMC production flowsheet, including metallurgical and refining shops, carbonyl nickel section of nickel tank-house, as well as smelting shop in Nickel settlement where liquid oxygen and nitrogen are delivered by motor vehicles. The new plant’s project capacity satisfies the company's requirements in nitrogen and oxygen.
Kola MMC, located in the Kola Peninsula, is completely integrated into the transport infrastructure of the North-Western Federal District. Kola MMC refining facilities in Monchegorsk Town process both the company’s own and Polar Branch high-grade matte. Their core products are electrolyte nickel and copper, carbonyl nickel, cobalt concentrate, electrolyte cobalt, precious metals’ concentrates and sulfuric acid.
The Kola plant is a leading production facility in the Murmansk region and a biggest non-ferrous metals’ producer in the country, including in production of strategic non-ferrous metals. The Kola plant produces 39% of nickel and 42% of cobalt, produced by the Norilsk Nickel Company. The product is used domestically and exported to Europe.